WorldOpp incubator

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An Opplet incubator (hereinafter, the Incubator) is a virtual and/or physical environment for the care, protection, and growth of those aspiring entrepreneurs (hereinafter, the Learners) who would like to become WorldOpp fellows.

The Incubator is a part of Friends Of CNM. WorldOpp Fellow Team sponsors the Incubator's activities and the CNM Council for Career Services oversees both the Incubator and WorldOpp Fellow Team.


The Learners

Target audiences

No particular audience is identified -- everyone who is interested in participating is welcome.

Composition

The Incubator consists of from one to seven paid Learners. Some number of unpaid Learners may also join the Incubator when it has at least eight Learners:
Position Quantity Qualification Practical activity
Fellow Candidate 4 Graduates from WorldOpp Placement Seminar Development of the CNM Wiki content related to the curricula.
Lead Candidate 2 Only WorldOpp Fellow Candidates can be promoted to this level when there are at least three of them Editing of the CNM Wiki content related to the curricula.
Executive Candidate 1 Only WorldOpp Lead Candidates can be promoted to this level when there are at least three of them. Managing the Incubator.
Candidate‑in‑waiting At the discretion of the WorldOpp Executive Candidate

Education

Any Learner is supposed to learn using the various educational methods.

Conceptual instruction

Conceptual instruction Lecturing Lectures and stories for Careerprise Orientation, WorldOpp Placement Seminar, and Septem Artes Administrativi shall be developed during WorldOpp development
Storytelling
Self-directed learning The Learners are welcome to explore the related concepts on their own using any data sources available to them.

Practical instruction

Practical instruction Hands-on training If the Incubator has a Lead Candidate or Executive Candidate, he or she shall be able to provide the Learners with practical instruction.
Formative assessment
Demonstrating
Directed research Not withholding possible directions from an Lead Candidate or Executive Candidate, the learning outlines can also serve as passive directions.

Active learning

Active learning Project‑based learning Although each particular Learner shall be the main driving force behind active learning, a Lead Candidate or Executive Candidate, if hired, shall be able to initiate some Projects and other active learning opportunities.
Exploratory research
Observation
Discussion Not withholding the Learner's and/or Lead Candidate's or Executive Candidate's endeavors, Friends Of CNM Event Administrator shall be able to support the initiatives.

Projects

Since project-based learning is a substantial part of Education generally and Active learning particularly, the Learner shall work on several projects while being in the Incubator.

Non-profit projects

The Learners casually start working on non-profit projects in order to get professional experience. The outcomes of those projects shall be available for the general public at no cost. Those projects may include, but not limited to development of CNM Wiki, videos for any free courses that Friends Of CNM offers, and/or other free services such as WorldOpp for the Vulnerable.
The Learners cannot receive salaries while working on non-profit projects, but are eligible for WorldOpp stipends, WorldOpp internships, and/or WorldOpp reimbursements.

For-profit projects

For instance, if the Learner organizes a paid webinar, which:
  1. Has received 7 payments $10 each;
  2. Was promoted through Tech Events for Managers and Entrepreneurs; and
  3. Has no other expenses,
this Leaner will get $63 (7 * $10 * 90%) in addition to his or her WorldOpp stipend and WorldOpp internship. Meetup.com charges about 10% for payments and meetup group organizer's costs.

Compensations

Stipends and internships

WorldOpp stipends and WorldOpp internships are available for the Learners. The monthly budget for the Incubator varies from $0 to $720:
Number of positions Monthly amount Title Level's totals
4 $60 Candidate $240
2 $120 Lead Candidate $240
1 $240 Executive Candidate $240
7 Monthly total for the Incubator: $720
The monetary amount for a specific position is subject for applicable laws. The amount is defined once a week based on the previous week's performance. For paid Learners, the weekly pay of a WorldOpp stipend and WorldOpp internship cannot be less than $15 or more than $60.

Salaries

The Learners shall receive salaries for their work contingent to clients' payments. Practically, this means that if one or more third-party clients pay for results of particular work of the Learner, he or she shall get a significant portion of that payment as described at For-profit projects.

Reimbursements

For participants of the WorldOpp for the Vulnerable programme, Friends Of CNM may reimburse all or some portion of their Internet costs as WorldOpp reimbursements.